More Oil & Gas Transportation News

Gas faces more competition from coal, renewables, IEA official says

Jun 25, 2015

Natural gas faces growing competition from coal and renewable energy sources at a time when its potential demand growth is slowing down, an International Energy Agency official said. “The last large contracts for [LNG] were signed in 2014 just before oil prices collapsed. We believe it is still competitive, but there are risks,” said Laszlo Varro, who heads IEA’s gas, coal and power markets division.

Natural gas opposition has shifted to transportation, speakers say

Jun 25, 2015

Opposition to natural gas projects has moved from exploration and production to transportation, speakers said during a discussion on Capitol Hill of US gas infrastructure needs. “Pipeline opposition has become a stand-in for opposition to fossil fuels for some groups,” said Kim Watson, Kinder Morgan Inc.’s (KMI) eastern pipeline group president.

American Energy to spin off, rename another unit

Jun 25, 2015

American Energy–Midstream LLC, a unit of Oklahoma City-based American Energy Partners LP (AEP), is transitioning to a standalone company and will change its name to Traverse Midstream Partners LLC. The moves will be effective July 1.

Western Australia, Browse JV agree on gas supply plan

Jun 25, 2015

The Western Australian government and the Woodside Petroleum Ltd.-led Browse joint venture have finally come to an agreement over the supply of gas from the Browse gas fields for the domestic market.

Turkey issues permit for Turkish Stream gas pipeline surveys

Jun 25, 2015

Turkey has issued a permit for engineering surveys for the offshore section of the Turkish Stream gas pipeline, OAO Gazprom reported.

Open season under way for Caddo crude pipeline

Jun 24, 2015

Caddo Pipeline LLC, a newly launched 50-50 joint venture of Plains All American Pipeline LP and Delek Logistics Partners LP, is conducting an open season for committed capacity on a proposed 80-mile, 12-in. OD crude oil pipeline from Longview, Tex., to Shreveport, La.

Howard Energy proposes gas pipeline linking S. Texas to Mexico

Jun 24, 2015

Howard Midstream Energy Partners LLC plans to develop a 200-mile, 30-in. OD natural gas pipeline connecting its existing Webb County Hub in South Texas to Escobedo, Nuevo Leon, Mexico, and the Mexican National Pipeline System in Monterrey.

Saddlehorn Pipeline to add new origin at Carr, Colo.

Jun 23, 2015

Partners owning Saddlehorn Pipeline Co. LLC have reported that the system will extend to Carr, Colo. The 50-mile pipeline extension from Platteville to Carr, which is anticipated to be built using 16-in. pipe, will provide a connection to existing crude oil assets in that region.

CorEnergy to buy Grand Isle gathering system in Gulf of Mexico

Jun 23, 2015

CorEnergy Infrastructure Trust Inc. has agreed to acquire 100% of the Grand Isle gathering system (GIGS) from Energy XXI USA Inc. for $245 million in cash, plus the assumption of abandonment liabilities estimated at $12.5 million, for total consideration of $257.5 million. The deal is expected to close before June 30.

Nationalism may restrict climate efforts, Statoil economist warns

Jun 22, 2015

Growing national confrontations could undermine efforts to meet goals to reduce global climate change impacts, Statoil’s chief economist warned.

ESAI: Wave of new petroleum product supply yet to materialize

Jun 22, 2015

Despite a jump in world petroleum-product demand during the first quarter, product supply underperformed in key Middle Eastern and Latin American countries where refining capacity has risen, according to ESAI Energy LLC’s recently published Global Fuels Outlook.

IHS: Natural gas to challenge oil’s grip as transportation fuel

Jun 22, 2015

The use of natural gas as a transportation fuel, particularly for trucks and ships, could displace more than 1.5 million b/d of oil demand by 2030, according to a recent study by business information provider IHS.

OGJ Newsletter

Jun 22, 2015

US crude export debate increasingly geopolitical, EIA conference told

Jun 22, 2015

The ongoing debate over whether more US crude oil exports should be authorized has more in common with conditions in the 1980s when supplies were ample and prices were low than the 1970s when supplies were tight and prices were high, a leading market observer said.

Gassco to operate Johan Sverdrup gas line in North Sea

Jun 19, 2015

Norwegian state-owned Gassco reported it will take over operatorship of the 156-km natural gas transportation system from Johan Sverdrup field in the North Sea when it becomes operational.

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